-
Business and markets in 2012: what we have learned
The UK economy was flat. Share prices and government bond yields ended the year roughly where they started. Oil still costs more than $100 a barrel. Glencore/Xstrata aside, there were few big mergers and acquisitions. At face value, 2012 was an uneventful year in the world of business and markets. In fact, plenty happened – often with big implications for the year ahead. Mario Draghi is very good at kicking cans The president of the European Central Bank turned markets on a sixpence in July when he said his institution was ready to do whatever it takes to save the euro, adding "and believe me it will be ... (full story)